Stockideas
BEML retested the Demand zone #BEML showing a good come back after re testing the Demand Zone. Now for last few weeks in a range and if Breaks abv 4050 then regain the previous ATH almost 31% return.
BEML Ltd manufactures a wide range of heavy earthmoving equipment catering to the mining and construction industry, vehicles for defence forces and coaches for the metro and Indian Railways.
Bosch Bosch Ltd has presence across automotive technology, industrial technology, consumer goods and energy and building technology. It manufactures and trades in products such as diesel and gasoline fuel injection systems, automotive aftermarket products, industrial equipment.
Bosch is showing BO after consolidation for few weeks CMP 35680. It showed BO when crossed 27500 after 9 years. It retested the BO level again in Jan 2024, The price can move to 47400 in midterm.
Please do ur own study before investing.
Exide Ind retraced 50%Exide Ind one of the leading auto battery manufacturer. CMP 466.
The price has retraced 50% of the recent upside which started in Mid March from 290 level.
Seems ready for upside journey either from 450 (50% retracement) level or 420 level (61.8% retracement) .
Can be accumulated for recent high of 620.
Please do your own study before investin
Maruti Waiting for BOMaruti largest car manufacturer in India. Festive and Marriage season is coming.
Technically formed Inverted HnS with neckline at almost 10000 and the tgt of 15500. Current mrket price is 12600. On daily chart showing good accumulation and BO and on weekly chart it will show BO if passes abv 13000.
Nifty AUTO is also showing BO after some consolidation. Maruti can be added for 15500 once crosses abv 13000. Please do your own study before investment.
Hariom Pipe CnH and RetestHeadquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems.
Technically chart is forming CnH Pattern and retested the BO levl of 740. Currently hovering around 760. The CnH pattern is showing a tgt of 1000+
FII holding increasing, Good sales growth and ROCE. overall good fundamentals.
The only negative is increasing debt. Please do ur own analysis before investing.
Target 4 (94%) achieved in Sundram Fastners. Target 5 is ON...This is follow-up on Sundram Fastners. Can check link to related ideas.
Target 4 achieved. More than 94%. Target 5 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IDBI BANKIDBI BAnk CMP 92.5 trying to BO abv 93 for last 6 months, if crosses then next technical tgt is 110 and 135. The bank is showing a good growth and profits. Please do ur own analysis before investing.
If fails to BO then price may again fall to 80-82 levels that will be again better place to add.
#Donear BO at 119#Donear Industries
Ltd manufactures Textiles and deals in
Rental Property. CMP 135. Price moved abv the 120 after 74 weeks and retested it before moving again. Fundamentally PEG at 1.03 and shown good sales growth in last 3 years. Only concern is growing debt. If same growth trajectory remains then hopefully debt can also be taken care of. Current D/E ratio is 1.65 which is high.
Global Offshore Services Ltd going strong.Technical and Fundamental Anaylysis for Global Offshore Services Ltd. If you like the analysis, please do not hesitate to give boost to the stock idea.
### Price Action Analysis
1. **Head and Shoulders Pattern:**
- **Left Shoulder:** Formed around mid-2022.
- **Head:** Formed around early 2023.
- **Right Shoulder:** Currently forming around mid-2023 to 2024.
- This is a typical reversal pattern indicating a potential change in the trend from bearish to bullish.
2. **Ascending Channel:**
- The price is moving within an ascending channel, suggesting a gradual increase in price.
- The upper and lower boundaries of the channel are acting as resistance and support levels, respectively.
3. **Cup and Handle Pattern:**
- A large cup and handle pattern appears to be forming over several years, with the bottom of the cup around 2020 and the handle forming currently.
- This is another bullish pattern that can indicate a continuation of the uptrend once the pattern is completed.
### Volume Analysis
- **Increasing Volume:** The recent candles show increasing volume, especially around the right shoulder formation, which is a positive sign. This suggests strong buying interest and supports the bullish patterns identified.
### Summary
- **Bullish Indicators:**
- The head and shoulders bottom pattern, cup and handle pattern, and ascending channel all suggest a bullish outlook for Global Offshore Services Ltd.
- Increasing volume and a rising RSI further support the bullish case.
- **Key Levels to Watch:**
- **Resistance:** The upper boundary of the ascending channel and the neckline of the head and shoulders pattern.
- **Support:** The lower boundary of the ascending channel and the recent low of the right shoulder.
- **Actionable Insight:**
- If the price breaks above the neckline of the head and shoulders pattern with strong volume, it could be a signal to buy.
- Conversely, if the price falls below the support levels with increasing volume, it might indicate a potential bearish reversal.
Fundamentals from Screener.in
Global Offshore Services Ltd. has had a turbulent financial history, with several key metrics providing insights into its performance over the past decade.
### Financial Performance and Ratios
1. **Revenue and Profit Growth**:
- The company has experienced negative compounded sales growth over the past 10 years, with a significant decline observed in the last 5 years and 3 years as well
- However, there has been a notable improvement in profit growth, particularly in the recent term, with a 70% increase in TTM (Trailing Twelve Months) profit growth
2. **Earnings and Net Profit**:
- Despite past losses, Global Offshore Services reported a turnaround with a net profit of ₹38 crores in the most recent fiscal year, a significant recovery from previous years of losses.
- The company's EPS (Earnings Per Share) also improved, although it still reflects the volatility experienced in past years.
3. **Debt and Liabilities**:
- The company has significantly reduced its borrowings from ₹1,155 crores in 2019 to ₹37 crores in 2024, which indicates a strategic focus on debt reduction.
- Total liabilities have also decreased, showing a more manageable financial structure.
4. **Cash Flows**:
- Operating cash flow remains positive, indicating that the company's core operations are generating cash, albeit at lower levels compared to earlier years.
- Cash from financing activities reflects the company's efforts to repay debt, resulting in negative cash flow from financing.
### Market Performance
- The current share price of Global Offshore Services Ltd. is ₹65.21, with a PE ratio of 4.35.
- The stock has shown significant gains over the past year, with a 1-year return of 60.86%.
- The market capitalization of the company stands at ₹156.02 crores.
### Conclusion
Global Offshore Services Ltd. appears to be in a recovery phase, with improved profitability and a stronger balance sheet due to reduced debt. The market has responded positively to these improvements, as reflected in the significant stock price gains. However, investors should remain cautious due to the historical volatility and ongoing challenges in revenue growth.
Jubilant Food seems ready for reversalJubilant Food is one of the India’s largest food service Company. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments and now has Popeyes in its food segment. On chart strong reversal seems to be happening with volume
With this week low as SL one can take long position with first tgt as 580 and 650 as second tgt.
Stock is forming Higher High and Higher Lows Pattern with VolumeHello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well. there is higher probability that we are going to achieve all our targets.
Stock is good to hold for long term as well, so if anybody is looking to invest for long term can do SIP in this stock. Company is India’s largest private sector shipping company, owning and operating 43 ships and 23 offshore assets. The shipping business is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The company is involved in the offshore services business through its wholly-owned subsidiary Greatship India Ltd. It provides offshore oilfield services with the principal activity of owning and/or operating offshore supply vessels and mobile offshore drilling rigs.
Market Cap
₹ 15,017 Cr.
Current Price
₹ 1,048
High / Low
₹ 1,129 / 658
Stock P/E
5.75
Book Value
₹ 868
Dividend Yield
2.75 %
ROCE
20.2 %
ROE
23.1 %
Face Value
₹ 10.0
Industry PE
27.6
Debt
₹ 3,048 Cr.
EPS
₹ 183
Promoter holding
30.1 %
Intrinsic Value
₹ 1,401
Pledged percentage
0.00 %
EVEBITDA
3.58
Change in Prom Hold
0.00 %
Profit Var 5Yrs
199 %
Sales growth 5Years
8.18 %
Return over 5years
33.8 %
Debt to equity
0.25
Net profit
₹ 2,614 Cr.
ROE 5Yr
15.5 %
Profit growth
6.30 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Raymond at new ATH and still looking cheapRaymond is a diversified group with interest in the Textile & Apparel sectors and a presence across diverse segments such as Real Estate, FMCG, and Engineering.
Its PE is only 9.8 as compared to the Industry PE of 29. Company posted impressive sales and EPS growth qoq and opened 39 new stores in the quarter.
Technically chart is super bullish and price has given one more BO after 5 week consolidation. With SL 2070 on closing basis can be added for midterm tgt of 2600/2900.
Motilala Oswal Finance Flag BO and good volumeMotilal Oswal Finance currently hovering at 14.8 PE and ROCE of 20.7%. Qoq sales growth almost double and NP has grown to 2446cr from 935cr in 2023 and 1312cr in 2022. Seems to be on a very strong base and very good growth.
On charts stocks gave a BO at 1587 after Jan 2018 and retested it before quick gain from 1450 to 2650. After that price retraced to 1900 and now again showing flag BO which may take it to 3190/3548 in mid term. Stock will be ex bonus on 10th June with 3:1 ratio can be added on every dip.
The tgt can be adjusted according to the bonus ratio
#HEG Very strong BOHEG is showing very good round bottom recovery from the low of about 930 and now 2687 almost 3 times. Now again showing a very good breakout from 2525 levels and forming a bullish pattern of Inverted Head and Shoulder. The Company is thinking of demerger which will again unlock the value. Long for 4100+ add more if comes to around 2500.
Breakout in Aditya Birla Capital...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.